Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHD vs SPHQ: how they differ
SCHD and SPHQ hold 15% of their weight in the same names, and SCHD returned more over the year.
Schwab U.S. Dividend Equity ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, SCHD and SPHQ hold 15% of their money in the same securities at the same weight.
| Holding | SCHD | SPHQ |
|---|---|---|
| Procter & Gamble Co/The | 3.55% | 3.46% |
| Coca-Cola Co/The | 3.96% | 3.34% |
| Merck & Co Inc | 3.87% | 2.87% |
| QUALCOMM Inc | 6.75% | 2.03% |
| United Parcel Service Inc | 1.99% | 0.85% |
| EOG Resources Inc | 1.82% | 0.70% |
| Fastenal Co | 1.28% | 0.53% |
| Kimberly-Clark Corp | 0.82% | 0.40% |
| T Rowe Price Group Inc | 0.58% | 0.22% |
| Snap-on Inc | 0.49% | 0.19% |
| Broadridge Financial Solutions Inc | 0.45% | 0.17% |
| Best Buy Co Inc | 0.38% | 0.12% |
| Only in SCHD | Only in SPHQ |
|---|---|
| Texas Instruments Inc 5.92% | Costco Wholesale Corp. 4.82% |
| UnitedHealth Group Inc 5.10% | Visa Inc. 4.69% |
| Chevron Corp 3.84% | Apple Inc. 4.51% |
| Verizon Communications Inc 3.66% | Mastercard Inc. 4.32% |
| ConocoPhillips 3.52% | General Electric Co. 4.16% |
| Amgen Inc 3.48% | Lam Research Corp. 4.10% |
| PepsiCo Inc 3.45% | Caterpillar Inc. 3.78% |
| Home Depot Inc/The 3.37% | Cisco Systems, Inc. 3.54% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| SCHD Schwab U.S. Dividend Equity ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Invesco |
| What it is | US dividend | S&P 500 Quality |
| Total return, 1 year | +27.6% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.1 pts | −0.1 pts |
| Expense ratio | 0.06% | 0.15% |
| Already in the S&P 500 | 95.1% | 99.9% |
| Holdings | 99 | 99 |
SCHD in plain words
SCHD is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +27.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%. It sat 3.1% below its high of Aug 24, 2026 on Sep 11, 2026.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SCHD or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, SCHD returned +27.6% and SPHQ returned +17.4%, so SCHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHD or SPHQ?
- SCHD charges 0.06% a year and SPHQ charges 0.15%, so SCHD is cheaper. Fees come from each fund's prospectus.
- How much do SCHD and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHD and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 15% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SCHD against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHD-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources